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Proposition AMartin County (Martin County)
FAILEDMartin County 2020 Capital Infrastructure & Facility Improvement Bond Proposition
November 2020 Martin County General & Special Election • Canvassed on 2020-11-03
Official Certified Canvass Outcome
FOR: 362 (45.9%)AGAINST: 426 (54.1%)
Total Ballots Cast on Proposition: 788
Authorized Bond Debt
$22.8M
Total 30-Yr Repayment
$34.7M
Estimated Tax Burden
+$28.50/yr
Per $100,000 of taxable home value
Watchdog Plain-English Breakdown
Authorizes Martin County to issue $22,800,000 in general obligation bond debt repaid through ad valorem property tax collections.
Official Statutory Ballot Language
THE ISSUANCE OF $22,800,000 OF GENERAL OBLIGATION BONDS FOR PUBLIC INFRASTRUCTURE, FACILITIES, AND CAPITAL IMPROVEMENTS FOR MARTIN COUNTY, TEXAS, AND THE LEVYING OF A TAX IN PAYMENT THEREOF.